DOMO Stock Slumps 35% After Disappointing Earnings and Guidance

DOMO stock

Cloud computing may be the way to go, but not all businesses are doing as well as the others. One of the companies in this space is Domo Inc (NASDAQ:DOMO), and since the company went public in June 2018, DOMO stock has proven to be an extremely volatile one.

Back in March, DOMO stock had touched an all-time high of around $47, but since then, the stock has plunged by as much as 65%, and the Q2 2019 results did not bring much cheer either.

Disappointing Quarter

The company hit $41.7 million, which reflected ...

Read The Full Article On MicroSmallCap.com

Get early insight on hidden secret gems on MicroSmallCap. Follow Crypto, Mining, Cannabis and Energy stocks and get free research reports here.

All content provided by MicroSmallCap is subject to our Terms Of Use and Disclaimer.

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.